Global Economic Slowdown
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India Emerges As Bright Spot In UN Report Amid Global Economic Slowdown
At a time when the global economy is facing what the United Nations calls a "precarious moment", India has emerged as a rare bright spot.
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Samsung's Quarterly Profit Set to Drop 92 Percent as Chip Glut Worsens Amid Economic Slowdown
Samsung Electronics's first-quarter profit is expected to plunge 92 percent to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown.
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IMF Lifts Growth In Developing Nations To 4.0% In 2023
The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic slowdown
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India's GDP Projected To "Remain Strong" At 5.8%, Says UN Report
India's GDP is projected to moderate to 5.8 per cent in 2023 as higher interest rates and global economic slowdown weigh on investment and exports, the United Nations said.
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"This Is Reality": Minister Narayan Rane On Global Economic Slowdown
Union Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane today said the central government and Prime Minister Narendra Modi are making efforts to ensure citizens are not adversely affected by the global economic
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Davos Summit Expects Record Turnout As It Resumes Winter Slot
A record number of business and government leaders will descend on the Swiss resort of Davos next week to pore over challenges ranging from global economic slowdown to environmental collapse as the World Economic Forum returns to its winter slot.
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Economic Slowdown In These 3 Countries Will Impact The World In 2023: IMF
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.
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Adani Effect Propels India Stocks Past Most World Markets in '22
India is set to rank among this year's best-performing major stock markets globally, overcoming concerns about higher interest rates and an economic slowdown that has mired peers.
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Tinder's Paying Users Increase by 7 Percent as Match Forecasts Flat Q4 Revenue Amid Weak Economy
Tinder parent firm Match on Tuesday reported that its revenue grew 6 percent and its paying users jumped 7 percent, aided by the return of a feature that lets users swipe right and left from their desktops. However, Match has predicted that Tinder's growth will be flat in the fourth quarter of the year, warning that a weakening global economy was h...
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Microsoft Expected to Post Slowest Quarterly Revenue Growth in 5 Years; Doubts on Annual Outlook, Analysts Say
Microsoft is expected to post slowest quarterly revenue growth in over five years, and analysts have questioned whether the firm will be able to maintain its outlook for the financial year. The company will announce earnings later on Tuesday amid a slowdown in the PC market and a strong dollar. Microsoft's shares have declined by more than a quarte...
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Nomura Raises Current Account Deficit Estimate On Fears Of Export Slowdown
Brokerage Nomura expectscurrent account deficit (CAD) as a share of the gross domestic product to triple this fiscal year, saying that a global economic slowdown will further skew the country's trade imbalances.
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Oil Edges Lower On Demand Worries From High Inflation, But Holds Above $104
Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.
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Oil Prices Head For Weekly Drop On Global Economic Slowdown Worries
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter supplies toward year-end.
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40% Chance Of A US Recession, Other Key Economies Face High Risk: Report
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year, according to Reuters polls of economists.
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A Top US Recession Indicator Hits Levels Last Seen In 2007, Before Financial Crisis
The US economy may be heading into a recession, according to a commonly accepted indicator, after inflation there surged to a more-than-expected 40-year peak, increasing bets for a 100 basis points rate hike by the Federal Reserve later this month.
-
India Emerges As Bright Spot In UN Report Amid Global Economic Slowdown
At a time when the global economy is facing what the United Nations calls a "precarious moment", India has emerged as a rare bright spot.
-
Samsung's Quarterly Profit Set to Drop 92 Percent as Chip Glut Worsens Amid Economic Slowdown
Samsung Electronics's first-quarter profit is expected to plunge 92 percent to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown.
-
IMF Lifts Growth In Developing Nations To 4.0% In 2023
The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic slowdown
-
India's GDP Projected To "Remain Strong" At 5.8%, Says UN Report
India's GDP is projected to moderate to 5.8 per cent in 2023 as higher interest rates and global economic slowdown weigh on investment and exports, the United Nations said.
-
"This Is Reality": Minister Narayan Rane On Global Economic Slowdown
Union Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane today said the central government and Prime Minister Narendra Modi are making efforts to ensure citizens are not adversely affected by the global economic
-
Davos Summit Expects Record Turnout As It Resumes Winter Slot
A record number of business and government leaders will descend on the Swiss resort of Davos next week to pore over challenges ranging from global economic slowdown to environmental collapse as the World Economic Forum returns to its winter slot.
-
Economic Slowdown In These 3 Countries Will Impact The World In 2023: IMF
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.
-
Adani Effect Propels India Stocks Past Most World Markets in '22
India is set to rank among this year's best-performing major stock markets globally, overcoming concerns about higher interest rates and an economic slowdown that has mired peers.
-
Tinder's Paying Users Increase by 7 Percent as Match Forecasts Flat Q4 Revenue Amid Weak Economy
Tinder parent firm Match on Tuesday reported that its revenue grew 6 percent and its paying users jumped 7 percent, aided by the return of a feature that lets users swipe right and left from their desktops. However, Match has predicted that Tinder's growth will be flat in the fourth quarter of the year, warning that a weakening global economy was h...
-
Microsoft Expected to Post Slowest Quarterly Revenue Growth in 5 Years; Doubts on Annual Outlook, Analysts Say
Microsoft is expected to post slowest quarterly revenue growth in over five years, and analysts have questioned whether the firm will be able to maintain its outlook for the financial year. The company will announce earnings later on Tuesday amid a slowdown in the PC market and a strong dollar. Microsoft's shares have declined by more than a quarte...
-
Nomura Raises Current Account Deficit Estimate On Fears Of Export Slowdown
Brokerage Nomura expectscurrent account deficit (CAD) as a share of the gross domestic product to triple this fiscal year, saying that a global economic slowdown will further skew the country's trade imbalances.
-
Oil Edges Lower On Demand Worries From High Inflation, But Holds Above $104
Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.
-
Oil Prices Head For Weekly Drop On Global Economic Slowdown Worries
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter supplies toward year-end.
-
40% Chance Of A US Recession, Other Key Economies Face High Risk: Report
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year, according to Reuters polls of economists.
-
A Top US Recession Indicator Hits Levels Last Seen In 2007, Before Financial Crisis
The US economy may be heading into a recession, according to a commonly accepted indicator, after inflation there surged to a more-than-expected 40-year peak, increasing bets for a 100 basis points rate hike by the Federal Reserve later this month.
